News Snapshot:
China's Shanda Group and Shenzhen-listed photo-electric component manufacturer Crystal-Optech have invested US$15 million in Lumus Ltd., an Israeli developer of transparent near-to-eye displays for augmented reality (AR) and smart eyewear, according to an announcement. Lumus says it will use the proceeds to scale up production of its optical technology for the emerging consumer market. "Lumus […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.